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On our own behalf – The Beer Monopoly on the Forbes List „Best Booze Books of 2017“

We are speechless. Surprised. Humbled. Incredibly grateful. Our book The Beer Monopoly appears on this year`s Forbes List "Best Booze Books". No, no, it`s not the Forbes Rich List. Fat chance of us ever getting on to that one. The list was compiled by Tara Nurin and can be found here >>


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Posted December 2019


Thailand – ThaiBev rumoured to mull beer IPO in Singapore next year

Is this a first step towards some sort of merger with AB-InBev? Media reported on 29 November 2019 that Thai Beverage (ThaiBev), Southeast Asia’s major brewer, is planning to spin off some regional beer assets in an initial public offering (IPO) in Singapore next year. Read on


Thailand – Why ThaiBev may spin off its beer business

Given that valuations for pure-play brewers in Asia are higher than for brewers with a diversified beverage portfolio, it would make sense for ThaiBev to seek a separate listing for its beer interests in Thailand and Vietnam. Read on


Vietnam – Southeast Asian beer market expected to grow in mid-single digits

Euromonitor says that the beer scene in Southeast Asia is booming. Beer consumption is expected to grow 5 percent annually up to 2023 from 90 million hl in 2017, with the Philippines and Vietnam being the key drivers for growth. As China and Japan have seen beer volumes decline, the Asian subregion, including Myanmar, Thailand, Cambodia, Laos, Vietnam, Malaysia, the Philippines and Indonesia, has emerged as the next frontier for global brewers. Read on


Japan – Investor criticises Kirin’s diversification strategy

The disgruntled UK-based investor FP has launched a campaign to persuade Kirin’s management to focus on beer and ditch the “unrealistic hope” that it can thrive as a conglomerate that also includes food, biotechnology, pharmaceuticals and cosmetics. In the secretive world of finance, the open criticism by one of Kirin's largest shareholders, voiced via the Financial Times newspaper in November 2019, is akin to a palace revolt. Read on


USA – Constellation Brands offloads craft brewer Ballast Point

Four years ago, San Diego’s craft brewer Ballast Point took the beer world by surprise when it abandoned an IPO and accepted a USD 1 billion cheque from Constellation Brands. On 3 December 2019 it shocked fans again. Because Constellation, the country’s number three brewer (Corona), decided to sell Ballast Point to the little known craft brewer Kings & Convicts from Chicago. The sale price was not announced, but we may rest assured it was far less than what Constellation paid in 2015. Read on


USA – Coors Light sells holiday onesies

Good grief. Who wants to be seen wearing a onesie? Yet, Molson Coors is selling a holiday onesie, aka a full-body sweatsuit with a hood, a full-length zipper and two pockets, to help drinkers “embrace their post-holiday chill”.

According to a survey conducted on behalf of Coors Light, 94 percent of 21- to 27-year-olds plan to wear comfy clothes (namely sweats) between Christmas and New Year’s Eve. More than half of them plan to wear sweats more than five hours a day. Read on


Australia – Lion’s foray into craft beer

Japan’s brewer Kirin has tasked its Australian subsidiary Lion with buying craft brewers in the UK and United States. Observers wonder: Is this a coherent and considered strategy, which will prove profitable, or just a case of posting flags on a map? On the face of it, Kirin is following in the footsteps of AB-InBev and Heineken, which have been busy snapping up craft brewers in order to expand their portfolios of super-premium brands. But here the similarities end. Read on


USA – AB-InBev might sell stake in packaging unit

AB-InBev is weighing the sale of its packaging business, which could be valued at between USD 5 billion and USD 6 billion, Reuters reported on 28 November 2019. Read on


USA – Molson Coors said to contemplate sale of European unit

Following Molson Coors’ recently announced restructuring programme, analysts are wondering if it might pave the way for an asset sale. Advisory firm Evercore ISI has speculated that Molson Coors may be interested in selling its European operations. The idea isn’t all that farfetched, given Molson Coors’ assertion that its Europe business would be “structured to allow for standalone operations” as part of its restructuring plan. Read on


United Kingdom – BrewDog offers free beer to anyone who votes in election

To encourage more people to vote on 12 December 2019, Scottish craft brewer BrewDog is offering a free pint to every voter at its bars, regardless of who they voted for. The offer is only valid on the day the UK goes to the polls. Read on


United Kingdom – Mikkeller opens second London bar

Business in London must be good for Mikkeller to move forward with a second London taproom in conjunction with 1980s pop star Rick Astley. The Exmouth Market site, previously a rotating pop-up space, will allow Mikkeller to also brew beer on site. Read on


Germany – Aldi prevents brewer Krombacher from hiking its price

Read and weep. Krombacher is one of Germany’s most popular pils brands. Since May 2017, Krombacher in cans has been available at Aldi. This must have boosted Krombacher’s sales. But at a price. According to the German trade publication Lebensmittelzeitung, Krombacher wanted to raise prices for its cans as of January 2020. The price hike – EUR 0.05 – would have pushed the retail price of a 500 ml can up to EUR 0.84 (USD 0.93). Read on

 


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